May 31, 2012
Verizon Doubles Top FIOS Speed To 300Mbps
Verizon announced on Wednesday that it would more than double the speeds of several of its FIOS Internet tiers next month, and introduce two new tiers with even faster speeds.
With the new top-level service, consumers could download a two-hour high-definition video in less than two and a half minutes, Verizon said.The faster speeds are aimed at accommodating the changing ways people are using the Internet, the company said.
"The ways we used the Internet and watched TV over the past 10 to 15 years have dramatically shifted," said Bob Mudge, president of Verizon's consumer and mass market business unit.
"With the emergence of smartphones, smart TVs, Blu-ray players, tablets and gaming consoles that also serve as over-the-top devices, consumers need more bandwidth to receive the highest-quality experience," he said.
The new top tier will have download speeds of 300 Mbps and upload speeds of 65 Mbps. The tier below that keeps Verizon's current top download speed of 150 Mbps, but boosts the upload speed to 65 Mbps.
The company recommends these two plans for households with five or more Internet-connected users who want the best available service.
Below the two top tiers is a new plan the company is introducing that delivers speeds of 75/35 Mbps -- a good solution for households with multiple Web users that download music, photos and videos, Verizon said.
The two bottom tiers will be offered with 50/25 Mbps speeds, which offers download speeds twice as fast as the current equivalent level, and a 15/5 Mbps plan (currently available) for $54.99 a month.
"High-speed Internet no longer is just for techies, as more than half of our residential consumers already use at least a 20 Mbps Internet connection," said Mike Ritter, chief marketing officer for Verizon's consumer and mass market business unit.
Verizon said it would announce pricing for the new plans next month.
The company said the new services will lay the ground for the future, with video projected to make up half of all Web traffic by the end of the year, up from as low as 10% back in 2005.
Verizon noted that the average U.S. household has seven Internet-connected devices, a number it expects to grow to between nine and 15 devices by 2015.
Access to Verizon's service is available to consumers in the Northeast and Mid-Atlantic states, parts of Florida, Texas, California and Washington, D.C.
A FiOS Internet speed grid with additional details about the current and future FiOS speeds can be viewed here.